(CNN) — You can buy most Hot Wheels cars for about a dollar at Target, Wal-Mart or pretty much any local drugstore. But for Bruce Pascal, a nearly lifelong obsession with the tiny cars has turned into a collection of mind-boggling value.
Pascal, a Washington DC-area commercial real estate executive, is the owner of what is believed to be the most valuable Hot Wheels car in the world: a 1969 version of the “Beach Bomb” Volkswagen bus estimated to be worth as much as $150,000.
Collectibles experts say the appraisal of the tiny car is entirely believable based on its extreme rarity and its nearly perfect condition.
“When it comes to any field of collecting, there’s always that pinnacle ‘Holy Grail’ item where it’s just that the supply that’s out there can no way meet the demand and that causes the price to go through the roof,” said Travis Landry, an appraiser…